Want better insurance coverage rates for your Ford Transit Connect? Paying for pricey Ford Transit Connect insurance can bleed your funds and put a big crunch on your finances. Drivers have many auto insurance companies to buy insurance from, and even though it’s nice to have a selection, lots of choices makes it harder to get the best deal.
It’s important to compare premium rates on a regular basis because prices fluctuate regularly. Even if you got the best deal for Transit Connect insurance last year there may be better deals available now. Ignore everything you know about insurance coverage because we’re going to demonstrate the tricks you need to know to find the best coverage while lowering your premiums.
Finding the best rates is quite easy. If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. Drivers only need an understanding of the tricks to shop for insurance online.
There are a variety of methods to compare insurance coverage prices but some are less labor-intensive and much quicker. You can waste a few hours (or days) driving to insurance companies in your area, or you can stay home and use the internet to get the quickest rates.
Many companies participate in a marketplace that enables customers to only type in their quote data once, and each company returns a competitive quote determined by their information. This saves time by eliminating quote requests for each company you want a rate for. To compare rates using this form now click here to open in new window.
The one downside to using this type of form is you can’t choose the companies to receive prices from. So if you want to select specific providers to compare prices, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.
It’s your choice how you get your quotes, but try to use nearly identical coverage information for every quote you compare. If your comparisons have different limits and deductibles on each one you can’t possibly make a fair rate comparison.
The best way to find cheaper auto insurance is to take a look at some of the things that play a part in calculating the level of your policy premiums. If you understand what determines base rates, this allows you to make educated decisions that can earn you much lower annual insurance costs.
The factors shown below are some of the factors used by insurance companies to determine your prices.
Auto insurance companies don’t always publicize every possible discount in a way that’s easy to find, so the following is a list of a few of the more well known and the more hidden credits available to lower your premiums when you buy auto insurance online. If you check and find you aren’t receiving every discount possible, you’re just leaving money on the table.
As a footnote on discounts, most of the big mark downs will not be given to the entire cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like you could get a free auto insurance policy, it doesn’t quite work that way.
A few companies that may offer policyholders these money-saving discounts may include but are not limited to:
It’s a good idea to ask every insurance company how many discounts you can get. Discounts may not apply to policies in your area.
When choosing coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions might point out if you might need an agent’s assistance.
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.
Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverage types found on most insurance policies.
Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as crashing into a building, colliding with a tree, crashing into a ditch and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.
Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as rock chips in glass, a broken windshield, fire damage, theft and falling objects. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as nursing services, pain medications, surgery and EMT expenses. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
This will cover damage that occurs to a person or their property. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability can pay for claims such as attorney fees, loss of income and medical expenses. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.
This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2016 Ford Transit Connect.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
We covered a lot of tips how to lower your 2016 Ford Transit Connect insurance rates. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the most savings is with a smaller regional carrier. They may cover specific market segments cheaper than the large multi-state companies such as Progressive and GEICO.
While you’re price shopping online, it’s very important that you do not reduce coverage to reduce premium. There have been many cases where an accident victim reduced liability coverage limits only to regret at claim time they didn’t have enough coverage. Your goal should be to find the BEST coverage at the lowest possible cost but still have enough coverage for asset protection.